The Indian surgical sutures market exhibited strong growth during 2014-2019. Surgical sutures, commonly known as stitches, refers to the strands of surgical threads used to ligate blood vessels or tissues. Surgical sutures reduce the risk of bleeding and wound infection, enhance wound healing, improve scar aesthetics, and minimize tissue injury. As a result, these sutures are widely used for surgeries across hospitals, trauma centers, clinics, and ambulatory facilities.
In India, factors such as the rising ageing population, increasing prevalence of chronic diseases and the growing number of surgeries are primarily catalysing the market for surgical sutures. Moreover, the implementation of healthcare norms for improved safety and efficacy during invasive surgical procedures is further driving the product demand. The Indian government is making continuous efforts to provide advanced surgical equipment in healthcare establishments. Apart from this, the expanding medical tourism sector in the country coupled with the growing popularity of cosmetic surgeries is also bolstering the market growth. Additionally, several technological advancements have led to the emergence of knotless sutures, antimicrobial sutures, bioactive sutures, and electronic sutures in the market. The rapid development of drug-eluting and stem cell-seeded surgical sutures has also enabled efficient drug delivery to the surgical site.
The market for surgical sutures, however, has been negatively impacted by the COVID-19 pandemic outbreak since early 2020. The pandemic has resulted in numerous elective surgeries being cancelled or delayed to reduce the risk of coronavirus infection in hospitals. From 2021 onwards, however, IMARC expects the India surgical sutures market to recover and exhibit pre-pandemic growth rates.
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Key Questions Answered in This Report:
This report provides a deep insight into the India surgical sutures market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for manufacturers, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian surgical sutures market in any manner.
Report Customization: Although IMARC has tried to cover everything in the India Surgical Sutures market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20 man-hours of free customization for each report.
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